covid 19 Archives - The Bankers Blog

5Jul

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Trending

Global Corona Virus Cases on record surge: reports WHO

Global Corona Virus Cases spiked by record high as 212,326 were reported in 24 hours says World Health Organization. The Top 3 countries reported highest cases are India, United States and Brazil. Global Corona Virus Cases tally now stands over at 11 Million. Global Corona Virus Cases re on record high toll as India United States of America and Brazil reported record high cases. As the Monsoon season hit India, India records its highest single day spike in Corona Virus confirmed cases. India reported biggest tally of 22,00 single day cases and some 442 deaths. The new epicenter of Virus Cases are Southern and Western India part. Western Indian State of Maharastra which is known of Country's financial capital Mumbai is densely populated area, reported 192 deaths and 6364 cases of Corona...

8Jun

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Health is Wealth, Trending

Website to find donors for Plasma Therapy in Pakistan

With the surge in Covid-19 cases, a significant number of patients are those who recovered after plasma therapy. Plasma Therapy is proven effective in treating critical patients who are on ventilators. More than 105000 cases of coronavirus disease are reported so far in Pakistan. Considering the fragile health system of Pakistan, it is a massive figure as all hospitals are chocked. For the first time, a website is launched to find donors for Plasma Therapy in Pakistan. Yesterday TV Anchor Iqrar Ul Hassan Syed, A Provincial Lawmaker from Sindh and TV Anchor Waseem Badami tweeted about the situation of the Health System in Karachi. Moreover, it is gloomy to know that all the hospitals are filled and there were no beds available for the patients in Karachi. Plasma Therapy is effective ...

8Jun

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Tech, Trending

Govt launch another mobile app : Pak Nigheban

The government of Pakistan is launching a mobile application like never before. This time its mobile app: Pak Nigheban. The National Command and Operations Center (NCOC) has launched another application initially only for android users. The Application is named Pak Nigheban which will inform its users about the availability of ventilators across the country. This application is linked with more than 1100 hospitals of the country initially in the first phase, this number will increase with time. This application can help citizens as well as medical staff to accommodate the patients who are in critical condition suffering from the deadly disease. Corona Virus may be on Peak in End July or Start of August, says the premier of Pakistan Mr. Imran Khan while addressing to the nation this ...

7Jun

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Trending

Is Coronavirus Lockdown justified?

To answer this question, let us first examine what is basically a lockdown and what is the purpose behind it. Lockdowns are not meant to eradicate the virus but rather to buy time for developing a vaccine. Another very important term is social distancing which practically limits the gathering of persons anywhere between 2 to 100. Now that we know the definition and purpose behind it, let’s form a broader perspective. The virus first emerged in the 4th quarter of 2019 in Wuhan, China. At that time many people, including myself, thought that strict lockdown might be the right way to not only stop the spread but also to eradicate it completely. That perspective changed soon when the virus quickly made its way to almost all of the countries across all five continents. Because it is i...

6Jun

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Trending

SBP Reserves Slump by 1.7B to 10.3B

The net foreign reserves held by the State Bank of Pakistan plunged significantly from 1.7 billion dollars to 10.3bn. The SBP on Thursday cited the reason by saying the government had to pay $1.669bn as debt serving. The government is trying to defer its bilateral debt servicing payments to the G-20 countries for one year and provide temporary relief to the falling foreign exchange reserves. However, Net foreign reserves held by commercial banks increased slightly, from $6.52 billion to $6.55 billion by $34 million. The total liquid foreign reserves held by the country fell significantly from $18.597 billion in the week ending May 21, to $16.92 billion during the week under review. Faraz Farooqui Hey folks, I describe myself as a detail-oriented person having a keen desire for kn...

6Jun

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Corona-virus and the New World Order, is it a hoax?

You probably have heard many people chanting that a secret agency is behind it. And there is no such thing as a virus. Some people claim that it is merely a way to impose restrictions or to obtain personal data in the name of tracking the virus to curb its spread. That being said, for those of you who are not familiar with the term the new world order here is the definition. It is defined as, “The New World Order or NWO is claimed by various conspiracy theories to be an emerging clandestine totalitarian world government”. Moreover, some even go to a further extent by saying that doctors and paramedical staff are also a part of this game. Interestingly, these types of theories are uniform throughout the world. SARS & MERS However, if you dig deep and look at the history, then yo...

6Jun

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Trending

Massive decline of $1.7bn in SBP reserves recorded at the end of May, 2020

According to the data provided by the State Bank of Pakistan (SBP) on Thursday, May 29, 2020, there is a huge drop of $1.7 billion in its reserves. It was due to the repayment of debt to other countries and financial institutions. Whereas there is a slight increase in the reserves of commercial banks, from $6.52 billion to $6.55 billion. The total foreign exchange reserves are now at $16.9 billion. This decrease in reserves of SBP, also become a cause of the decline in the net reserves of state bank of Pakistan. This decline will cause to depreciation in the value of Pakistani Rupees and appreciation in Dollars. This decline will also affect the country’s liquid foreign reserves. From the data released by the state bank of Pakistan, the total liquid foreign reserves will decrease by ...